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20121112
20121112
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on the low end with more value oriented stores that should be thriving in an environment where lots of people are worried about taxes going up year end and the fiscal cliff is starting to get top of mind. you have a stock like walmart which has been a jugger not, going up in a straight line since april until the recent pullback. then there is a company like -- sell, sell, sell. jcpenney. if you thought things couldn't get worse for jcpenney on the news from the ceo, well, you were very wrong. as the company missed estimates once again on friday, reporting absolutely hideous numbers, they were blinding. sure enough, pennies continued the decline today, down another $2.67, 13%. like the wheel of fortune, where she stops, nobody knows. far more important, just so you know, there is a piece of preferred, there is another corporate piece of paper affiliated with jcpenney and that is sinking like a stone. that is more valuable to tell how bad things at jcpenney are. getting rid of coupons, cutting price as cross the board, they failed tragically and they started issuing coupons again. customers don
Search Results 0 to 0 of about 1